Sep. 8 at 5:25 AM
$OXLC How much fuckery should we expect on Monday? I'm holding through but will buy more if I can get a 6%-8% discount.
For newbies: OXLC pays a monthly dividend. Next ex-date is Sept 16th. Dividend is
$0.45. Dividends for Nov and Dec are
$0.40. If dividend remains consistent, 2026 dividend will be
$4.80.
This is a 100% leveraged closed end funds and may not be suitable for some investors. Due your DD and pay close attention to the NAV. New shares will never be created in a CEF so one thing you won't worry about is dilution. No new shares will be created. Using leverage, the rewards may be greater but the risk is higher.
$OXLC and
$ECC have been very good to me over the years, providing a steady income stream.
